DB Account Manager

Job Summary: The Account Manager must be familiar with and understand the various aspects of funding and accounting for defined benefit pension plans including a general knowledge of IRS funding regulations. Excellent math and analytical skills are required.

Responsibilities:

• Single Employer Funding Valuations - Code valuation software (including new plans, plan amendments, life insurance and assumption changes). Reconcile assets and life insurance, calculate contribution requirements, prepare valuation reports and government filings including IRS, DOL & PBGC.
• Benefit Calculations - Prepare benefit calculations based on the plan provisions, IRS Rules, and actuarial factors.
• Non-Discrimination Testing - Analyze data and perform 410(b) minimum coverage tests, 401(a)(26) participation tests and 401(a)(4) general tests.
• Completion of Special Requests - Prepare plan revisions, cost studies and funding projections. Calculate the annual Mandatory Minimum Distribution updates.

Requirements:

• College degree a must.
• Proficient in Microsoft Office, especially a working knowledge of Excel and Word.
• Proficiency in Datair valuation software a plus.
• Life insurance experience a plus.
• Five or more years of pension experience.
• Must be attentive to detail.
• Solid communication skills, both oral and written.
• Good time management skills and the ability to adapt to change.
• ASPPA designations a plus.